Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against OKX+0.103%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.103% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX HIMS-USDT-SWAP	29.070	0	get 0.0000% / 8h	4m 15s	$280K	$129K	20x
Short	Vest HIMS-USD-PERP	29.100	0.0046	get 0.0006% / 1h	4m 15s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee VestbpOrdersPrice spread, now +0.103%Rate

Funding earned: $9.59
Price spread: +0.103% → 0.000%: $10.32
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: $7.91
Costs to cover: 0.120%
Break-even: 1.2 days

Slippage unknown: OKX: live order book, 31 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 31 min ago	8.59 bp	38.4 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HIMS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado HIMS-PERP	−0.0031%	1h	29.087	+0.059%	$2K	$2K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.066	−0.012%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.068	−0.005%	$964K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.080	+0.034%	$289K	$137K	25x	as long as short
OKX HIMS-USDT-SWAPlong	0.0000%	8h	29.070	long leg	$280K	$129K	20x
Gate HIMS_USDT	0.0000%	8h	29.070	0.000%	$503K	$205K	25x	as long as short
Variational Omni HIMS	0.0000%	8h	29.066	−0.013%	$97K	$76K	—	as long as short
SunX HIMS-USDT	0.0000%	8h	29.065	−0.017%	—	$2.4M	10x	as long as short
HTX HIMS-USDT	0.0000%	8h	29.133	+0.217%	$7K	$39K	10x	as long as short
QFEX HIMS-USD	+0.0013%	1h	29.080	+0.034%	$1.3M	$557K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HIMS-USD-PERPshort	+0.0046%	1h	29.100	+0.103%	—	—	10x
tradeXYZ xyz:HIMS	+0.0050%	1h	29.076	+0.021%	$3.4M	$1.6M	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.070	0.000%	$132K	$66K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.410	+1.170%	$13K	$22K	5.5x	as long as short